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LAFCO hears Clean Power SF update; CPUC'9s PCIA ruling could raise costs for customers
Summary
San Francisco LAFCO received a Clean Power SF enrollment and outreach briefing and an update on an October CPUC decision affecting the PCIA exit fee. Staff estimated the decision could cost Clean Power SF customers an additional $40—50 million a year if unmitigated and outlined legal and portfolio options.
San Francisco Local Agency Formation Commission received an update on Clean Power SF on Oct. 19, 2018, including enrollment, outreach and regulatory developments after an Oct. 11 California Public Utilities Commission decision on the power charge indifference adjustment (PCIA).
Michael Himes, director of Clean Power SF at the San Francisco Public Utilities Commission, said October'9s enrollment added roughly 1,600 customers and the program now serves about 109,000 accounts with a cumulative opt-out rate of 3.1% and a "super green" upgrade rate of 3.6% (about 3,800 customers). Himes told commissioners the CPUC voted unanimously to adopt an alternate PCIA methodology and "we estimate that existing Clean Power SF customers could pay $40 to $50,000,000 more per year" if no mitigation is taken.
The PCIA is…
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